propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk … and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … income. Using representative panel data on urban households from the Russian Longitudinal Monitoring Survey, I find that a … household which experiences an exogenous shock of 10% of its total income changes both its food and total non …

. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …. -- absolute and relative welfare ; income ; status consumption ; signaling model ; conspicuous consumption ; adaptation ; internal …

In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …

market and non-market income as well as taxes and social security contributions. This income portfolio analysis is based on … have an even better relative income position than the autochthonous West German population. In general, we confirm the well … profit slightly. This is due to above average non-market income of "pure" immigrants. However, East Germans are still much …

hunger spend a larger fraction of income on food. Taken together, our results confirm that in addition to the well …

age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …

is entirely driven by an increase in mortality among low income individuals, who are more likely to experience liquidity …

We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …